Newton, NC – The Downtown Newton Development Association (DNDA) has established a Disaster Business Stabilization Grant to provide relief to businesses affected by current and future disasters.
Through the new program, the DNDA will provide relief when disasters threaten the viability of businesses, thus protecting the economy of Downtown Newton and preserving jobs for the business district. The first cycle of the grant is open to businesses that were ordered to close by Executive Order 120. The second cycle of the grant is open to businesses that were ordered to limit their services or have experienced financial damage due to Executive Order 120. Detailed information and the grant application are available at www.downtownnnewton.org.
“We understand the hardships created for businesses by the ongoing pandemic,” Downtown Newton Main Street Program Coordinator Shannon Johnson said. “The DNDA board of directors and I expect this grant program will help many businesses keep their doors open while fulfilling the DNDA’s mission to cultivate entrepreneurship and mixed use development embracing cultural, visual, and performing arts along with preserving the history of Downtown Newton thus creating a safe and active family lifestyle.”
The Disaster Business Stabilization Grant is funded through DNDA reserve funds with a match from the City of Newton.